Ill. Admin. Code tit. 83 § 650.170

Current through Register Vol. 48, No. 52, December 27, 2024

Section 650.170 - Accounting Instruction 40

a) Class A Utilities shall maintain the accounts listed in subsections (a)(1) through (a)(8) of this Section.

1) Utility Operating Accounts

Account No.

400	Operating Revenues
401	Operating Expenses
403	Depreciation Expenses
406	Amortization of Utility Plant Acquisition Adjustments
407	Amortization Expense
407.1	Amortization of Limited Term Plant
407.2	Amortization of Property Losses
407.3	Amortization of Other Utility Plant
407.4	Amortization of Regulatory Assets
407.5	Amortization of Regulatory Liabilities
408	Taxes Other Than Income
408.10	Utility Regulatory Assessment Fees
408.11	Property Taxes
408.12	Payroll Taxes
408.13	Other Taxes and Licenses
409	Income Taxes
409.10	Federal Income Taxes, Utility Operating Income
409.11	State Income Taxes, Utility Operating Income
409.12	Local Income Taxes, Utility Operating Income
410	Provision for Deferred Income Taxes
410.10	Deferred Federal Income Taxes
410.11	Deferred State Income Taxes
410.12	Deferred Local Income Taxes
411	Provision for Deferred Income Taxes - Credit
411.10	Provision for Deferred Income Taxes - Credit, Utility Operating Income
412	Investment Tax Credits
412.10	Investment Tax Credits Deferred to Future Periods, Utility Operations
412.11	Investment Tax Credits Restored to Operating Income, Utility Operations
413	Income From Utility Plant Leased to Others
414	Gains (Losses) From Disposition of Utility Property

2) Other Income and Deductions

415	Revenues from Merchandising, Jobbing and Contract Work
416	Costs and Expenses of Merchandising, Jobbing and Contract Work
419	Interest and Dividend Income
420	Allowance for Funds Used During Construction
421	Nonutility Income
426	Miscellaneous Nonutility Expenses

3) Taxes Applicable to Other Income and Deductions

408	Taxes Other Than Income
408.20	Taxes
	Deductions
409	Income Taxes
409.20	Income Taxes, Other Income and Deductions
410	Provision for Deferred Income Taxes
410.20	Provision for Deferred Income Taxes Other Income and Deductions
411	Provision for Deferred Income Taxes - Credit
411.20	Provision for Deferred Income Taxes - Credit, Other Income and Deductions
412	Investment Tax Credit
412.20	Investment Tax Credits - Net, Nonutility Operations
412.30	Investment Tax Credits Restored to Non-operating Income, Utility Operations

4) Interest Expense

427	Interest Expense
427.1	Interest on Debt to Affiliated Interests
427.2	Interest on Short-Term Debt
427.3	Interest on Long-Term Debt
427.4	Interest on Customer Deposits
427.5	Interest - Other
428	Amortization of Debt Discount and Expense
429	Amortization of Premium on Debt

5) Extraordinary Items

433	Extraordinary Income
434	Extraordinary Deductions
409.30	Income Taxes, Extraordinary Items

6) Retained Earnings Accounts

435	Balance Transferred From Income
436	Appropriations of Retained Earnings
437	Dividends Declared - Preferred Stock
438	Dividends Declared - Common Stock
439	Adjustments to Retained Earnings

7) Sewer Operation Revenue Accounts

A) Sewer Revenues

521	Flat Rate Revenues
521.1	Residential Revenues
521.2	Commercial Revenues
521.3	Industrial Revenues
521.4	Revenue from Public Authorities
521.5	Multiple Family Dwelling Revenues
521.6	Other Revenues
522	Measured Revenues
522.1	Residential Revenues
522.2	Commercial Revenues
522.3	Industrial Revenues
522.4	Revenues from Public Authorities
522.5	Multiple Family Dwelling Revenues
523	Revenues from Public Authorities
524	Revenues from Other Systems
525	Interdepartmental Revenues

B) Other Sewer Revenues

530	Guaranteed Revenues
531	Sale of Sludge
532	Forfeited Discounts
534	Rents from Sewer Property
535	Interdepartmental Rents
536	Other Sewer Revenues

C) Reclaimed Water Sales

540	Flat Rate Reuse Revenues
540.1	Residential Reuse Revenues
540.2	Commercial Reuse Revenues
540.3	Industrial Reuse Revenues
540.4	Reuse Revenues from Public Authorities
540.5	Other Revenues
541	Measured Reuse Revenues
541.1	Residential Reuse Revenues
541.2	Commercial Reuse Revenues
541.3	Industrial Reuse Revenues
541.4	Reuse Revenues from Public Utilities
544	Reuse Revenues from Other Systems

8) Sewer Operation and Maintenance Expense Accounts

701	Salaries and wages - Employees
703	Salaries and wages - Officers, Directors and Majority Stockholders
704	Employee Pensions and Benefits
710	Purchased Sewage Treatment
711	Sludge Removal Expense
715	Purchased Power
716	Fuel for Power Production
718	Chemicals
720	Materials and Supplies
731	Contractual Services - Engineering
732	Contractual Services - Accounting
733	Contractual Services - Legal
734	Contractual Services - Management Fees
735	Contractual Services - Testing
736	Contractual Services - Other
741	Rental of Building/Real Property
742	Rental of Equipment
750	Transportation Expense
756	Insurance - Vehicle
757	Insurance - General Liability
758	Insurance - Workman's Compensation
759	Insurance - Other
760	Advertising Expense
766	Regulatory Commission Expenses - Amortization of Rate Case Expense
767	Regulatory Commission Expenses - Other
770	Bad Debt - Expense
775	Miscellaneous Expenses

b) Class B utilities shall maintain the accounts listed in subsections (b)(1) through (b)(8) of this Section.